NOT LISTED FOR SALE

Estimated Value: $195,257 - $229,000

4 Beds
2 Baths
1,820 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $83,000 $46 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,387/month

57 Days on Market

Highlights

  • Fenced Yard
  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of May 2014

Side by side single story duplex with attached one car garage for each unit. 610 is rented. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Renovation Mortgage Financing. This property is approved for HomePath Mortgage Financing. Tenant occupied; all showings must be confirmed thru listing office.

Last Agent to Sell the Property

Craig Johnson

Johnson Realty Listed on: 01/23/2014

Last Buyer's Agent

Cathie Huston

Shiloh Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1980

Lot Details

  • 7,308 Sq Ft Lot
  • Lot Dimensions are 116 x 63
  • Fenced Yard
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry in Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Franke Park Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric, fuel
  • The owner pays for tax
  • Assessor Parcel Number 02-07-26-152-031.000-073

Community Details

Overview

  • 2 Units
  • Franke Park Villas Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$984

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Age: 34
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Franke Park Villas Sec II AMD Lot 18 |
  • Parcel Number ID: 02-07-26-152-031.000-073
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking, Detector-Smoke
  • Location: City/Town/Suburb
  • Section Number: II
  • Sp Lp Percent: 92.32
  • Year Taxes Payable: 2013
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 1820
  • Total Finished Sq Ft: 1820
  • Above Grade Finished Sq Ft: 1820
  • Price Per Sq Ft: 45.6
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt
  • Fence: Partial, Chain Link
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Franke Park
  • Middle School: NorthWood
  • High School: North Side
  • Elementary School: Franke Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 116 x 63
  • Estimated Lot Sq Ft: 7308
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 18

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Electric, Fuel

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 983.8

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: North Side
  • Middle School: NorthWood
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
May 1, 2014
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Mensch Brendan J
Seller's Agent
Craig Johnson
Johnson Realty
Buyer's Agent
Cathie Huston
Shiloh Realty
List Price
$95,000
Sold Price
$83,000
Premium/Discount to List
-$12,000
-12.63%
Current Estimated Value
$216,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,575
Avg. Annual Appreciation
8.54%
Original Mortgage
$62,250
Outstanding Balance
$48,262
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$160,690

Purchase Details

Closed on
Nov 14, 2012
Sold by
Buell Anthony L
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 23, 2007
Sold by
Anabtawi Anan W and Anabtawi Angela M
Bought by
Buell Anthony L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mensch Brendan J -- --
Federal National Mortgage Association $150,360 None Available
Buell Anthony L -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mensch Brendan J $62,250
Previous Owner Buell Anthony L $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $83,000 -12.6% $46 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $95,000 -- $52 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,407 $134,400 $9,600 $124,800
2023 $2,407 $105,300 $8,500 $96,800
2022 $2,313 $102,900 $10,300 $92,600
2021 $2,072 $92,500 $18,000 $74,500
2020 $1,974 $90,200 $18,000 $72,200
2019 $1,777 $81,600 $10,700 $70,900
2018 $1,922 $87,700 $11,800 $75,900
2017 $1,918 $86,700 $12,000 $74,700
2016 $1,894 $86,900 $12,100 $74,800
2014 $2,120 $102,000 $14,100 $87,900
2013 $2,105 $101,400 $14,100 $87,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201401821

Indiana Regional MLS

APN: 02-07-26-152-031.000-073